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GL0305 (Algo) - Based on Problem 3-5A LO P1, P3, P4, P5, P6 On April 1, Melanie Duerr created a new travel agency. Duerr Travel.

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GL0305 (Algo) - Based on Problem 3-5A LO P1, P3, P4, P5, P6 On April 1, Melanie Duerr created a new travel agency. Duerr Travel. The following transactions occurred during the company's first month. Apri1 2 Duerr invested $43,000 cash and computer equipment worth $21,600 in the company in exehange for its common stock. Apri1 3 The company rented furnibhed office space by paying $1,900 cash for the first month's (April) rent. Apri1 4 The company purchased $1,800 of office oupplies for cash. Apri1 10 The company paid $3,600 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 the company paid $1,400 cash for two weeks' salaries earned by employees. Aprii 24 the company collected $26,000 cash for commissions revenue. April 28 The company paid $1,400 cash for two weeks' salaries earned by eeployees. Apri1 29 the company paid $500 cash for minor repaira to computer equipment. April 30 The company paid $550 canh for this month's telephone bil1. Apri1 30 the company paid $2,200 cash in dividends. Information for month-end adjustments follows: a. Prepaid insurance of $200 expired this month. b. At the end of the month, $900 of office supplies are still available. c. This month's depreciation on computer equipment is $360. d. Employees earned $560 of unpaid and unrecorded salaries as of month-end. e. The company earned $1,800 of commissions revenue that is not yet recorded at month-end. Begin by selecting "Post-closing" from the drop-down below. Then, for each account, use the drop-down to indicate whether the account is included on the post-closing trial balance. Based on your decisions, the post-closing trial balance will be created. Compare your results with the Trial Balance tab. Begin by selecting "Post-closing" from the drop-down below. Then, for each account, use the drop-down to indicate whether the account is included on the post-closing trial balance. Based on your decisions, the post-closing trial balance will be created. Compare your resuits with the Trial Balance tab. Begin by selecting "Post-closing" from the drop-down below. Then, for each account, use the drop-down to indicate whether the account is included on the post-closing trial balance. Based on your decisions, the post-closing trial balance will be created. Compare your results with the Trial Balance tab

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